The 1847 Coronet Type Liberty Eagle U.S. Gold Coin (Ten Dollar Gold Piece)
By Susan Headley
1847 Coronet Type Liberty Eagle Gold Coin; Designed by Christian Gobrecht; Weight 16.718 grams; 90% gold/10% copper; Diameter 27 mm.
The 1847 Coronet Type Liberty Eagle U.S. Gold Coin ($10 Gold Piece)
Photo (c) Harlan J. Berk, Ltd.
While the monarchies of Europe had their Gold Crowns, America had its Gold Eagles, first approved by an Act of Congress in 1792. Most of the Gold Eagles prior to the Coronet Liberty series, (pictured here), are scarce, and sell for upwards of $6,700.00 in just the F-12 grade. The Coronet Type, however, is very accessible to the average gold collector in the lower grades, selling for little over bullion value throughout most of the 1840's and 1850's. The NGC graded AU-58 specimen shown here sold for $1,250.00 in June of 2006.